>Skydo is a virtual bank, can you store usd directly there and spend like any other bank?Nope, you can't do that, amount will always be converted to INR automatically.If you want to hold the amount in USD maybe consider an EEFC account / starting a U...
Deel charges 5$ for SWIFT fees which will be required for IOB and not for Skydo.for 10,000$ skydo makes more sense.Skydo UX is better and doesn't have any manual steps. But there is nothing wrong with a bank and feel free to use it
with HDFC Bank you pay a $5 provider fee / SWIFT fee and then 30paisa to 2rs less than the market rate for forex conversion rate.Skydo gives you live USD to INR rates, doesn't have a $5 provider fee from Deel and takes flat $29+GST from you.
